The Dow Jones today will move on optimism that the worst of the COVID-19 crisis may be over for the American economy.
Cases of COVID-19 are climbing.
The Dow Jones today will move on optimism that the worst of the COVID-19 crisis may be over for the American economy.
Cases of COVID-19 are climbing.
Start the conversation
Leave a Reply Click here to cancel reply.
You must be logged in to post a comment.
The Dow Jones Industrial Average dropped sharply Monday after the People's Bank of China (PBOC) took drastic action to reduce the amount of cash its financial institutions need to hold as reserves.
Such action is designed to spur lending as the country continues to battle the United States over trade.
This is the fourth time that China has slashed what is known as the reserve requirement ratio (RRR) in 2018.
China's Shanghai Composite was off 3.7%.
Start the conversation
Leave a Reply Click here to cancel reply.
You must be logged in to post a comment.
The Dow Jones today jumped over 50 points in premarket trading after the White House announced it had developed a tentative trade deal with the European Union.
Start the conversation